LXRX
Lexicon Board of Directors Appoints Mike Exton, Ph.D. as New Chief Executive Officer and Director
Monday, July 8, 2024 BiopharmaWatch Research 1 min read Key Takeaway: Lexicon Board of Directors Appoints Mike Exton, Ph.D. as New Chief Executive Officer and Director
Price reaction · baseline $1.67 (2024-07-05 close) · clean, no other LXRX news in the window
BiopharmaWatch Analysis
From our catalyst data and publicly available data · not financial adviceBest trade, last catalyst
+111%
120-day peak, hindsight
Typical move
11%
average across 13 past catalysts
Cash runway
~61 mo
Minimal dilution risk
Lead asset
Sotagliflozin
Phase 3 · Type 1 Diabetes Mellitus
Full Press Release Details
Lexicon Board of Directors Appoints Mike Exton, Ph.D. as New Chief Executive Officer and Director.